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    Features

    The Industrial Coatings Market

    The market grew by an estimated three percent in 2014.

    The Industrial Coatings Market
    The Industrial Coatings Market
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    Kerry Pianoforte, Editor06.17.15
    The market for industrial coatings is a highly segmented market that includes such diverse segments as offshore oil and gas, commercial architecture, general industrial and industrial maintenance. Industrial coatings manufacturers interviewed by Coatings World reported that while growth rates have slowed in some segments, others segments, such as oil and gas, are driving growth.
    “We track the external market trends in a number of our global end use markets such as industrial production, commercial construction new builds, transportation builds, electrical motor production and pipeline miles constructed,” said Michael Cash, senior vice president and president, industrial coatings, Axalta Coating Systems. “Our best estimate based on aggregated third party data is that the global industrial coatings end markets grew by three to four percent in 2014.  By working closely with our customers, and by welcoming many new customers to the Axalta family in 2014, we were able to grow faster than the overall size of a number of our end use markets last year.”

    “The industrial coatings market covers

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